Financial stability of the economy Cover Image

Финансова стабилност на икономиката
Financial stability of the economy

Author(s): Atanas Lyondev
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Economic policy, EU-Accession / EU-DEvelopment, Financial Markets, Public Finances, Fiscal Politics / Budgeting
Published by: Висше училище по сигурност и икономика (ВУСИ)
Keywords: financial system; fiscal; stability; infrastructure; priority

Summary/Abstract: Sustainable economic development and growth turns out to be essential for fiscal stability as part of the financial sustainability of the country. A characteristic feature of our national economy is preserved fiscal stability and tax level. Our country is an island of financial stability in the Balkans. The currency board system, also known as the regime will remain until Bulgaria's accession to the Eurozone. Thus, the country will become one of the few in the world with such a long operation of the currency board. The aim of our country should be effective management of public finances to prepare Bulgaria's entry into the Eurozone with low levels of debt, inflation and budget deficit.

  • Issue Year: XII/2015
  • Issue No: 1
  • Page Range: 199-208
  • Page Count: 10
  • Language: Bulgarian